Dec 19 2017 37430 1

Dated: 12/19/2017

Views: 87

s you search for a new home, it's always a good idea to factor in the closing costs so you can properly plan and manage your finances. In general, you can expect to pay 2-5% of the purchase price in closing costs, not including the down payment.


Closing costs can include the following:

  • Down Payments

    20% of the purchase price depending on your qualifications and loan choice

  • Earnest Money Deposit 

    The money put down when a contract is written - it usually goes into an escrow account

  • Lender Fees 

    Includes charges for loan processing, underwriting and preparation

  • Third-party Fees 

    Includes charges for insurance, title insurance, title search, appraisal fees and other inspections

  • Government Fees 

    Includes deed recording and state mortgage taxes

  • Escrow & Interest Fees 

    Include homeowner's insurance, loan interest, real estate taxes, home warranties and prepaid interest

  • Property Taxes

    Capital tax based on the estimated value of the property

Please do not hesitate to contact us when you are ready to take the next step. We look forward to assisting you!


Team H&L Miami

Team H&L Miami, Associate Realtors

(305) 345-2188

My Website

FL3378659, FL3378658

Real Estate Empire (305) 592-1588

10200 NW 25th Street, Suite A-100

Doral, FL

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Team H and L Miami

Team H&L Miami @ Real Estate Empire Group is a fast growing boutique Real Estate firm established in 2001. It began to revolutionize property sales as well as marketing through brokers, agents, and an....

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